DSEEX vs. SPMO
Compare and contrast key facts about DoubleLine Shiller Enhanced CAPE (DSEEX) and Invesco S&P 500® Momentum ETF (SPMO).
DSEEX is managed by DoubleLine. It was launched on Oct 31, 2013. SPMO is a passively managed fund by Invesco that tracks the performance of the S&P 500 Momentum Index. It was launched on Oct 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DSEEX or SPMO.
Correlation
The correlation between DSEEX and SPMO is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DSEEX vs. SPMO - Performance Comparison
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Key characteristics
DSEEX:
0.68
SPMO:
1.01
DSEEX:
1.11
SPMO:
1.50
DSEEX:
1.15
SPMO:
1.22
DSEEX:
0.38
SPMO:
1.24
DSEEX:
2.93
SPMO:
4.48
DSEEX:
3.91%
SPMO:
5.57%
DSEEX:
15.85%
SPMO:
24.70%
DSEEX:
-46.92%
SPMO:
-30.95%
DSEEX:
-21.79%
SPMO:
-4.45%
Returns By Period
In the year-to-date period, DSEEX achieves a 0.93% return, which is significantly lower than SPMO's 3.85% return.
DSEEX
0.93%
5.83%
-2.51%
10.61%
6.46%
5.33%
SPMO
3.85%
11.52%
2.04%
24.48%
20.56%
N/A
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DSEEX vs. SPMO - Expense Ratio Comparison
DSEEX has a 0.54% expense ratio, which is higher than SPMO's 0.13% expense ratio.
Risk-Adjusted Performance
DSEEX vs. SPMO — Risk-Adjusted Performance Rank
DSEEX
SPMO
DSEEX vs. SPMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Shiller Enhanced CAPE (DSEEX) and Invesco S&P 500® Momentum ETF (SPMO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
DSEEX vs. SPMO - Dividend Comparison
DSEEX's dividend yield for the trailing twelve months is around 5.04%, more than SPMO's 0.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DSEEX DoubleLine Shiller Enhanced CAPE | 5.04% | 4.92% | 4.60% | 3.87% | 1.63% | 1.73% | 2.74% | 3.38% | 2.16% | 2.12% | 2.88% | 2.61% |
SPMO Invesco S&P 500® Momentum ETF | 0.52% | 0.48% | 1.63% | 1.66% | 0.52% | 1.27% | 1.39% | 1.05% | 0.77% | 1.94% | 0.36% | 0.00% |
Drawdowns
DSEEX vs. SPMO - Drawdown Comparison
The maximum DSEEX drawdown since its inception was -46.92%, which is greater than SPMO's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for DSEEX and SPMO. For additional features, visit the drawdowns tool.
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Volatility
DSEEX vs. SPMO - Volatility Comparison
The current volatility for DoubleLine Shiller Enhanced CAPE (DSEEX) is 5.30%, while Invesco S&P 500® Momentum ETF (SPMO) has a volatility of 8.06%. This indicates that DSEEX experiences smaller price fluctuations and is considered to be less risky than SPMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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